Iconic Moroccan Hotel Favored by Jacques Chirac Faces Auction Amid Legal Battle
– byArmel
· 1 min read
The mythical hotel La Gazelle d’Or in Taroudant, very dear to former French President Jacques Chirac, will finally be put up for judicial sale on May 22.
This decision comes following a judgment rendered in January by the Casablanca Commercial Court, reports Maroc Hebdo.
The auction sale comes at the end of a marathon trial that pitted the main creditor Bank of Africa against the owner of the premises, Rita Bennis, the weekly notes, specifying that the starting price is set at 48 million dirhams.
However, Bennis plans to request the suspension of the operation, contesting the debt.
Category: Economy
Keywords:
Related Articles
-
Essaouira: Morocco’s Hidden Gem Outshines Mediterranean Hotspots
11 July 2025
-
Morocco’s Commercial Real Estate Crisis: Office Sales Plummet 40% as Investors Retreat
10 July 2025
-
Morocco Unveils Massive Green Data Center to Boost Digital Sovereignty and African Tech Hub Ambitions
10 July 2025
-
Coastal Cafes Spark Outrage: Casablanca’s Summer Price Surge Hits Beachgoers Hard
9 July 2025
-
Marseille Airport Paralyzed: Wildfires Force Flight Cancellations and Chaos in Southern France
9 July 2025